The Turn of the Month Effect in Asia-Pacific Markets: New Evidence (Record no. 49677)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01464nam a2200205 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20180425152011.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 180425b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Aziz, Tariq |
| 9 (RLIN) | 31329 |
| 245 ## - TITLE STATEMENT | |
| Title | The Turn of the Month Effect in Asia-Pacific Markets: New Evidence |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 214-226 P. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | A predictable pattern in equity returns based on the calendar time is dubbed as calendar anomaly. The prevalence of calendar anomalies is considered evidence against the efficient market hypothesis. This article examines one of the most important calendar anomalies, the turn-of-the-month (TOM) effect, in 12 major Asia-Pacific markets during the period January 2000 to April 2015, using both parametric and non-parametric tests. Under investigation, 11 out of 12 markets exhibit significant TOM effects that are independent of the turn-of-the-year (TOY) effect. Moreover, these effects are not present during the period of financial crisis. The persistence of the TOM effect in these markets, even after a quarter of a century of its initial reporting, is a puzzle which needs an explanation. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | The turn-of-the-month effect |
| Uncontrolled term | calendar anomalies, |
| Uncontrolled term | market efficiency, |
| Uncontrolled term | Asia-Pacific markets |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Ansari, Valeed Ahmad |
| 9 (RLIN) | 31330 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29349 |
| Host Itemnumber | 70278 |
| Main entry heading | BANIK, ARINDAM |
| Place, publisher, and date of publication | NEW DELHI SAGE PUBLISHING PVT. LTD. |
| Other item identifier | 5558623 |
| Title | GLOBAL BUSINESS REVIEW |
| International Standard Serial Number | 0972-1509 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 25/04/2018 | Vol 19, No 1/ 5558623JA14 | 5558623JA14 | 25/04/2018 | 25/04/2018 |